Kinross Gold Chief Sees No Need for Asset Sales in Tough Market
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Kinross Gold Corp., Canada’s third-largest producer by revenue, says now isn’t a good time to sell assets and the company will work on improving its least-profitable mines before it considers offloading them.
The “obvious candidates” that may not fit the Toronto-based miner’s requirements would be its highest-cost mines, Chief Executive Officer J. Paul Rollinson said yesterday in an interview after the company’s annual shareholder meeting.